I don't think that's true.

I believe all the polices *have* to pay out - it's just more of an issue of when. Also, it's a matter of how long you've had your policy before deciding to bite the farm. I bet most polices will state that you will have had to have your policy for "x amount of time" before a payout can or will occur.

Suicide might delay the payout to years, instead of days, weeks, etc, but I believe if you've had the policy longer than their given probationary time, they eventually will have to pay out.

A good friend of the family ate from the barrel end of a shotgun and his wife eventually received his life insurance policy. He'd had it a long time, so duration from when the policy began wasn't an issue.

I think one would run in to trouble in they got a policy then offed themselves the next day, week, etc.

As always, for those who have LI policies and are considering killing yourselves, please READ and REVIEW your policies first.

Wow - there's a public service announcement you don't see that often!